Development of Private and Individual Economy, Rural Labor Migrationand Urban-Rural Income Gap
ZHU Hong-heng1, LI Da-yi2, WANG Xiang-yu3
1.School of Economics, Henan University of Economics and Law, Zhengzhou 450046, China; 2.School of Political Science and Public Management, Shanxi University, Taiyuan 030006, China; 3.Monetary Policy Department, The People’s Bank of China, Beijing 100800, China
Abstract：
After combing relative literature, this paper theoretically defines the influence of the development of private and individual economy and rural labor migration on the income gap between urban and rural residents from the mathematical perspective. Then adopting the panel data of 31 provinces in China from 2003 to 2014, it constructs an econometric model to reveal the empirical relationship between the development of private and individual economy and the income gap between urban and rural residents, as well as the relationship between rural labor migration and the income gap between urban and rural residents. Both mathematical analysis and empirical test show that the development of private and individual economy and rural labor migration can effectively improve the income of rural residents and thus narrow the income gap between urban and rural residents.
ZHU Hong-heng, LI Da-yi, WANG Xiang-yu.Development of Private and Individual Economy, Rural Labor Migrationand Urban-Rural Income Gap[J] Economic Survey, 2017,V34(6): 19-25
2017 
